The Modi administration launched the PM Jan Dhan Yojana in 2014 to connect people who live in rural areas to the banking system. There are many advantages to the plan, including approaching financial administrations.
Under the scheme, any Indian citizen without other accounts can open a basic savings bank deposit account at any bank branch or Business Correspondent location. According to consolidated data (PMJDY), the Pradhan Mantri Jan Dhan Yojana has opened more than 47 million accounts.
The government will give 10,000 rupees to Jan Dhan account holders. Likewise, there are a few different benefits, for example, the accessibility of protection up to Rs 1 lakh 30 000. Find out as soon as possible about these programs and submit an application for 10,000 rupees.
Benefits provided by the Jan Dhan Yojana include:
The fact that there is no minimum balance requirement for account holders is the first benefit.
There is a Rupay debit card available, and if you want, you can ask the bank for a Rs 10,000 overdraft on this account. You must contact your bank branch for this.
The account holder’s family will receive Rs. in the event of an accident. 1 lakh in coverage from insurance. In contrast, a cover amount of Rs 30,000 is provided in the event of normal death.
Direct Benefit Transfer (DBT), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY), and the Micro Units Development and Refinance Agency Bank (MUDRA) scheme are all available on the PM Jan Dhan Yojana accounts.
Documents necessary:
Aadhar card, PAN card, driving license, voter ID, passport, NREGA-issued job card, and a gazetted officer’s signature are all required.
How to apply
The application form can be downloaded from any bank’s official website. A bank branch can open a savings account for a minor over the age of 10. The scheme’s account opening form can be found on the PMJDY’s official website at https://www.pmjdy.gov.in/account in both English and Hindi.
